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Memon, Muhammad Riyazul Ameen
- Fiscal Aspects of Federalism:Critiqal Appraisal of Relationship between Centre and States
Authors
1 Hidayatullah National Law University, Raipur, IN
Source
Research Journal of Humanities and Social Sciences, Vol 5, No 1 (2014), Pagination: 26-28Abstract
The term federal has been derived from the Latin term 'foedus' which means treaty or agreement. Such treaty or agreement follows the merger of a number of separate states into a single sovereign State. The objective of agreement is to arrive at a compromise, among the interests of the central authority which comes into being as a result of merger of the states on the one hand and the various states which are transformed into constituent units of that political structure on the other hand.
- Tenure Holder
Authors
1 Hidayatullah National Law University, Raipur, IN
Source
Research Journal of Humanities and Social Sciences, Vol 5, No 1 (2014), Pagination: 47-49Abstract
A tenure holder is the term used in the Chhattisgarh Land Revenue Code, 1959 for describing a particular type of land owners. Section 2(1) (z) of the code defines tenure holder. This section states that Tenure holder means a person who holds land from the state government and who is or is deemed to be bhumiswami under the provisions of this code.- Writ of Habeas Corpus:Meaning and Drafting
Authors
1 Hidayatullah National Law University, Raipur, IN
Source
Research Journal of Humanities and Social Sciences, Vol 5, No 1 (2014), Pagination: 53-55Abstract
"Habeas corpus" is a Latin term. It means 'have the body', 'have his body' or 'bring the body'. By the writ of Habeas corpus, the court directs the person (or authority) who has arrested, detained or imprisoned another to produce the latter before it (court) in order to let the court know on what ground he has been arrested, detained, imprisoned or confined and to set him free if there is no legal justification for the arrest, detention, imprisonment or confinement.1 It is a writ to a jailer to produce a prisoner in person, and to state the reasons of detention.2 The main objective behind it is to provide effective remedy against illegal detention&to release a person from it. An illegally detained person may apply for the Habeas Corpus. Any other person may also apply on behalf of prisoner against the person or authority who has illegally detained or arrested the prisoner.- Foreign Direct Investment in Retail Sector in India
Authors
1 Hidayatullah National Law University, Raipur, IN
Source
Research Journal of Humanities and Social Sciences, Vol 5, No 1 (2014), Pagination: 60-62Abstract
One of the most notable developments during the last two decades is the stunning growth of FDI in the global economic landscape. Such unprecedented growth of global FDI in 1990 around the world make FDI an vital component of development policy in both developed and developing nations and policies are designed in order to motivate internal flows. Foreign Direct Investment implies the transfer of foreign funds into a country to purchase a service or manufacturing business or to open a new factory or service company. FDI is a direct investment into production or business in a country by a company in another country whichever by buying a company in the target country or by expanding operations of an existing business in concerned country. The shortage or scarcity of all types of resources viz. technological know- how, skills and practices, financial, capital, entrepreneurship, access to markets- abroad- in their economic development, developing nations accepted FDI as a sole visible answer for all scarcities faces by them. Foreign Direct Investment in India is govern by sub-section (3) of section 6 of the Foreign Exchange Management Act, 1999 read with Notification No. 20 dated 3.5.2000 as amended from time to time. One of the recent circular on FDI policy was issued by Ministry of Commerce and Industry, 'Consolidated FDI Policy' which is effective from 10th April 2012.
Despite some concerns about the large fiscal deficit our Country represents a promising macroeconomic story with potential to maintain sustain high economic growth rates. As per Ernst and Young in June 2008 India has been rated as the 4th most attractive investment destination in the world after Central Europe, China, and Western Europe. Similarly, UNCTAD's World Investment Report 2005 states that India the 2nd most attractive investment destination among the Transnational Corporations (TNCs). All this could be attributed to the rapid growth of the economy and favorable investment process, liberal policy changes and procedural relaxation made by the government periodically.